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Month: July 2014

3 / 7

Off-Topic: RIP, ESOPs. Thank you, Redbus.

Livemint has an inside story on the sale of Redbus. The development is very sad for the startup ecosystem – because Redbus, at the time of exit, did not ...

Trade Deficit for Jun 2014 at $11.7 bn, Highest in 11 months

The trade deficit for Jun 2014 was at $11.7 billion, the most in 11 months (since Jul 2013). Imports at $38.2 billion were lower than the May number of $39.2 ...

RBI Goes Ballistic: Buys $22 Billion in May 2014 (Freemium)

In May 2014, RBI went on the offensive against the rupee. Instead of disrupting the rupee market – where massive buys would create issues – the RBI ...

RBI Allows Lower CRR/SLR for Infra Bonds, Eases Infra Lending After Budget

The Finance Minister had announced in the Budget that there would be impetus for long term bank lending to private sector infrastructure projects by providing ...

Is Infy Topping Out in Earnings? Results in Charts.

We’re a few days late, but here’s Infy results in charts: Revenue Growth Interesting YoY, Flat QoQ They’ve grown revenues about 13% over the last year, ...

US Funds Will Pay 15% Cap Gains Taxes in India

One interesting move in the Budget is to classify gains of foreign portfolio investors (FPIs) as capital gains. Foreign investors that buy and sell stocks or ...

Consumer Price Inflation for Jun 2014 at Three Year Low of 7.31%

Consumer Price Inflation gives us something to cheer about, while we shop for carrots at Rs. 75 a kg in Bangalore. CPI Inflation was at 7.31%, the lowest ...

No Easy Choices for AMCs as They Stop Issuing FMPs

There are no easy choices for Mutual Fund Asset Management Companies. After Budget 2014 raised the tax on debt mutual funds, they have pulled out Fixed ...

Wholesale Price Inflation for Jun 2014 falls to 5.43%, But the Monsoon Can Hurt

Wholesale Price Inflation for June 2014 came in at 5.43%, lower than the May’s 6.01%.  However, April’s low number of 5.2% was revised up to 5.55%. ...

Budget 2014 Analysis: Deficit Skepticism Is Justified, Big Targets for 8 months (Premium)

Budget 2014-15 has, to markets at least, been a bit of a disappointment. However, that is more about mismatched expectations, rather than a botched budget. ...